Hey Traders,
We have seen some bullish confirmation due to a green volume spike of buyers past the CRUCIAL $10,000 level. Going forward be diligent in doing research and seeing volume build into the next rounds of confirmations. The chart shows heavy volume around the 12K level so that is we will indicate that as the next level of resistance.
Once Bitcoin breaks out of this bearish channel (12K) I think we will see some more upside action.
Do you research, Know your risks, and always protect yourself with stop-losses while trading.
Best of Luck!
-Ryan
We have seen some bullish confirmation due to a green volume spike of buyers past the CRUCIAL $10,000 level. Going forward be diligent in doing research and seeing volume build into the next rounds of confirmations. The chart shows heavy volume around the 12K level so that is we will indicate that as the next level of resistance.
Once Bitcoin breaks out of this bearish channel (12K) I think we will see some more upside action.
Do you research, Know your risks, and always protect yourself with stop-losses while trading.
Best of Luck!
-Ryan